Deutsche Bank Hiring Analyst Intern (Mumbai) | Finance Role

Job Description

The Business Finance function manages business-level revenue attribution, financial accounting, and financial disclosures. The team ensures the accurate and timely reporting of Profit and Loss (PnL) for each business unit and explains the drivers behind risk positions and PnL movements. It also ensures that all transactions and positions are properly reflected in the bank’s accounting records and disclosures according to applicable accounting standards.

Benefits

• Best in class leave policy
• Gender neutral parental leave
• Child care assistance with 100% reimbursement
• Flexible working arrangements
• Sponsorship for industry-relevant certifications and education
• Employee Assistance Program for employees and family members
• Comprehensive hospitalization insurance for employees and dependents
• Accident and term life insurance coverage
• Health screening for employees aged 35 and above

Key Responsibilities

• Produce accurate and timely daily T+1 PnL reporting, attribution, and analysis.
• Provide daily commentary and investigate variances for Front Office traders and senior Finance managers.
• Investigate and resolve breaks such as model vs actual ledger cash differences and system vs trade documentation discrepancies.
• Address model risk control exceptions.
• Ensure adherence to risk and control guidelines.
• Respond promptly to queries from stakeholders including finance directors, onshore management, traders, finance control, and risk teams.
• Understand trade flows and booking structures to ensure trades are captured correctly for funding cost allocation through funds transfer pricing.
• Post product-appropriate journals and maintain accurate financial records.
• Ensure accuracy of financial statements including income statement and balance sheet.
• Perform reconciliations such as management accounting vs financial accounting, front office vs back office, and balance sheet substantiation.
• Conduct stakeholder calls and discussions when required.
• Support audit and regulatory requirements.

Skills and Experience

• Experience or exposure to financial control or product control within investment banking.
• Understanding of financial market instruments including loans, bonds, credit products, derivatives, cash equity, swaps, options, and futures.
• Knowledge of fixed income products such as bonds, CDS, TRS, IRS, and loans.
• Familiarity with IFRS or GAAP accounting standards is preferred.
• Understanding of the end-to-end investment banking environment from trade capture to balance sheet.
• Proficiency in Microsoft Office applications, particularly Word and Excel.
• Exposure to front office trading or finance systems.

About the Company

Deutsche Bank promotes a workplace built on diversity, inclusion, and mutual respect. The organization encourages a collaborative environment where different perspectives and backgrounds contribute to innovation and performance. Employees are supported with development opportunities, learning programs, and flexible benefits designed to support career growth and personal priorities.

The company is an equal opportunity employer and considers candidates without discrimination based on age, disability, gender identity, marital status, pregnancy or maternity, race, nationality, religion, sex, or sexual orientation.